Bybit Proof Of Reserve Shows Changes In BTC, ETH, And USDT

Key Points:

• Bybit Proof of Reserve shows BTC down 8.55% while USDT rose by 29.77%.
• ETH holdings grew by 8.11%, per Bybit Proof of Reserve snapshot.

Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and USDT at $4.11B (+29.77%), showcasing asset fluctuation trends.

Bybit Proof of Reserve Highlights Asset Fluctuations

Bybit’s 17th Proof of Reserve snapshot shows significant variations in user asset levels. Following the latest report on November 13, BTC assets dropped to 50,424, an 8.55% decline. ETH holdings, meantime, increased to 525,641 showing an 8.11% rise.

Rising to $4.11 billion—a 29.77% increase—the report also shows a notable increase in USDT reserves. These fluctuations highlight dynamic variations in consumer activity and market trends followed by Bybit‘s Proof of Reserve.

Read more: Bybit Introduces Private Wealth Management Service for High-Net-Worth Clients

USDT Surges While BTC Declines in Bybit’s Latest Reserve Data

Recent Proof of Reserve by bit shows different asset value movements. Reflecting different market behavior, ETH and USDT significantly increased while BTC fell.

Taken on December 12, this all-encompassing picture reveals Bybit’s dedication to asset protection and its part in understanding changing crypto trends.